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We’re all buying lots of food

1 year 5 months ago
Nestlé is recycling inflation as an excuse for lousy sales: “The perception of consumers everywhere but especially in the U.S. is that food prices are high,” Chief Executive Laurent Freixe said in an interview, adding that many shoppers feel stretched after a period of surging inflation. ....The comments came as Nestlé reported weaker-than-expected third-quarter results ...continue reading "We’re all buying lots of food"
Kevin Drum